by Fintax Consulting Group | Aug 18, 2017 | Uncategorized
It seems as if the markets have continued powering ahead in spite of Trump’s aggressive and sometimes rather incoherent tweets. In fact, since Trump’s election on 8 November 2016, the MSCI World Index has risen by roughly 17% in USD. Some, in fact, attribute the...
by Fintax Consulting Group | Jul 26, 2017 | Uncategorized
This year-end will see the finalisation of Warren Buffet’s most famous bet. In 2008 Mr. Buffet bet a hedge fund manager USD1m that a passive investment in the S&P500 Index would outperform a basket of hedge funds over a 10 year period ending 31 Dec 2017. As at...
by Fintax Consulting Group | Jun 15, 2017 | Uncategorized
Recently an article appeared in the Business Day about the Public Investment Corporation (PIC). They believe that a further sovereign downgrade of South Africa by the main credit ring agencies is highly likely due to the low local economic growth coupled with low...